6, LANCASTER DRIVE, LYDNEY, GL15 5SN - £330,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

6 LANCASTER DRIVE is a small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £330,000 in September 2022, which was around 17% below the average September 2022 detached price in the Forest of Dean local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

6 LANCASTER DRIVE Sold Prices

Land registry data shows four sales for 6 LANCASTER DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the four 6 LANCASTER DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 15 SEP	£330,000	£397,805	17% below HPI
2014 4 JUN	£160,000	£234,464	32% below HPI
2013 20 MAY	£145,000	£230,260	37% below HPI
2006 9 AUG	£185,000	£244,324	24% below HPI

6 LANCASTER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The four 6 LANCASTER DRIVE sales between August 2006 and September 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 6 LANCASTER DRIVE?

6 LANCASTER DRIVE is 83m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the smallest 30% of detached houses in Lydney, based on EPC data. The below chart shows the distribution of detached houses by size in Lydney, and where 6 LANCASTER DRIVE lies on this distribution: 21% of detached houses are smaller than 6 LANCASTER DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Lydney.

6 LANCASTER DRIVE: Plot and Title Map

6 LANCASTER DRIVE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 6 LANCASTER DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 6 LANCASTER DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 6 LANCASTER DRIVE?

6 LANCASTER DRIVE is located in LYDNEY, in the GL15 postcode district. The below map shows the position of No. 6 on LANCASTER DRIVE.